PM Narendra Modi has held a bilateral meeting with the Crown Prince of Saudi Arabia, and this significant development has been covered in recent news. To gain a deeper understanding of this event, we encourage you to read the complete article. Join us for all the latest insights and updates.
In recent developments, India and Saudi Arabia have established a joint task force dedicated to advancing the West Coast refinery project, signaling a growing partnership between the two nations. During a state visit by Saudi Arabia’s Crown Prince Mohammed Bin Salman, which occurred two days following the launch of the India-Middle East Economic Corridor, Prime Minister Narendra Modi emphasized that Saudi Arabia holds a pivotal role as one of India’s most crucial strategic partners. Notably, this visit comes several months after Saudi Arabia brokered a deal with Iran, a development that attracted global attention, particularly from China.
PM Modi underscored the significance of Saudi Arabia as one of India’s key strategic partners, citing both nations’ status as two of the world’s fastest-growing countries. He stressed that their partnership plays a vital role in maintaining stability across the entire region. The leaders took a historic step by establishing an economic corridor that links India, West Asia, and Europe, a move set to foster economic growth, enhance the energy sector, and promote digitization. It’s worth noting that Mr. Modi and Prince Bin Salman co-chaired the inaugural meeting of the India-Saudi Strategic Partnership Council in October 2019. Furthermore, Saudi Arabia’s recent inclusion in the BRICS during the Johannesburg summit adds another layer of significance to the Crown Prince’s state visit.
The discussions during the visit centered on potential collaboration in several key areas, including defense, energy, education, technology, healthcare, tourism, and more. Among the eight agreements inked during the visit, one stands out—the agreement between India’s Central Vigilance Commission and Saudi Arabia’s Anti Corruption Authority, reflecting a commitment to combat corruption. Additionally, an agreement was reached between Indian and Saudi banks, further strengthening financial ties. The National Institute of Technology of India also signed an agreement with Saudi Arabia’s Saline Water Conversion Corporation during this visit.
Following their meeting at Hyderabad House, Prince Bin Salman paid a courtesy call to President Droupadi Murmu and attended a banquet dinner hosted in his honor. This visit marks an important milestone in the growing partnership between India and Saudi Arabia, opening doors to increased cooperation and collaboration in various sectors.
